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HomeBusinessSamsung insurers plan to buy Canopius for $1.5 billion, newspaper says

Samsung insurers plan to buy Canopius for $1.5 billion, newspaper says

SEOUL, Sept 3: South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50 per cent stake for more than 2 trillion won ($1. 47 billion), the Korea Economic Daily said on Thursday. Samsung Fire and Marine Insurance Co and Samsung Life Insu

Read full story on Channel Newsasia

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